Onto Innovation (NYSE:ONTO) Price Target Raised to $275.00 at Needham & Company LLC

Onto Innovation (NYSE:ONTO) had its price target boosted by equities researchers at Needham & Company LLC from $260.00 to $275.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm currently has a “buy” rating on the semiconductor company’s stock. Needham & Company LLC’s target price suggests a potential upside of 21.93% from the company’s current price.

Several other research analysts have also recently weighed in on ONTO. Stifel Nicolaus lifted their price target on shares of Onto Innovation from $180.00 to $215.00 and gave the stock a “hold” rating in a research note on Wednesday. B. Riley Financial raised their target price on Onto Innovation from $180.00 to $240.00 and gave the stock a “buy” rating in a report on Thursday, January 15th. Evercore reissued an “outperform” rating and set a $250.00 price target on shares of Onto Innovation in a report on Thursday. Jefferies Financial Group increased their target price on shares of Onto Innovation from $170.00 to $200.00 and gave the stock a “buy” rating in a report on Monday, December 15th. Finally, Zacks Research upgraded shares of Onto Innovation from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 31st. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $236.88.

Onto Innovation Stock Up 2.5%

Onto Innovation stock opened at $225.54 on Friday. Onto Innovation has a 52-week low of $85.88 and a 52-week high of $229.87. The company has a market cap of $11.05 billion, a P/E ratio of 63.71, a P/E/G ratio of 1.21 and a beta of 1.50. The business has a 50-day simple moving average of $191.11 and a two-hundred day simple moving average of $148.64.

Onto Innovation (NYSE:ONTO) last issued its quarterly earnings data on Thursday, February 19th. The semiconductor company reported $1.26 earnings per share for the quarter, missing the consensus estimate of $1.28 by ($0.02). The business had revenue of $266.87 million during the quarter, compared to the consensus estimate of $265.78 million. Onto Innovation had a return on equity of 13.11% and a net margin of 17.46%.Onto Innovation’s revenue for the quarter was up 1.1% on a year-over-year basis. During the same quarter last year, the company earned $1.51 EPS. Onto Innovation has set its Q1 2026 guidance at 1.260-1.360 EPS. Research analysts anticipate that Onto Innovation will post 6.26 EPS for the current fiscal year.

Institutional Trading of Onto Innovation

Several institutional investors and hedge funds have recently added to or reduced their stakes in ONTO. Vanguard Group Inc. grew its holdings in Onto Innovation by 5.5% during the 3rd quarter. Vanguard Group Inc. now owns 5,667,404 shares of the semiconductor company’s stock valued at $732,342,000 after buying an additional 294,393 shares in the last quarter. William Blair Investment Management LLC lifted its holdings in shares of Onto Innovation by 80.3% in the third quarter. William Blair Investment Management LLC now owns 1,981,761 shares of the semiconductor company’s stock worth $256,083,000 after buying an additional 882,901 shares in the last quarter. Wellington Management Group LLP boosted its position in shares of Onto Innovation by 1,217.0% during the third quarter. Wellington Management Group LLP now owns 1,398,995 shares of the semiconductor company’s stock worth $180,778,000 after acquiring an additional 1,292,772 shares during the last quarter. Franklin Resources Inc. grew its stake in Onto Innovation by 21.4% during the fourth quarter. Franklin Resources Inc. now owns 1,353,001 shares of the semiconductor company’s stock valued at $213,585,000 after acquiring an additional 238,500 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in Onto Innovation by 45.4% during the fourth quarter. Geode Capital Management LLC now owns 1,127,532 shares of the semiconductor company’s stock valued at $178,024,000 after acquiring an additional 352,316 shares in the last quarter. Institutional investors own 98.35% of the company’s stock.

Onto Innovation News Roundup

Here are the key news stories impacting Onto Innovation this week:

• Positive Sentiment: Company highlights and strategic wins — Onto reported record 2025 revenue, completed the Semilab product-line acquisition, shipped next‑gen Dragonfly systems and announced a major HBM agreement, all of which support future revenue and market positioning. Onto Innovation Reports 2025 Fourth Quarter and Full Year Results
• Positive Sentiment: Guidance nudges above Street — Management set Q1 FY2026 EPS at $1.260–$1.360 (consensus ~$1.29) and revenue guidance $275–$285M versus ~$272M consensus, giving investors confidence that near‑term demand and margins will be steady to improving. Onto Innovation Reports 2025 Fourth Quarter and Full Year Results
• Positive Sentiment: Analyst action — Stifel raised its price target to $215 (reported via Benzinga), a signal of analyst recognition of the company’s progress even though the rating remains “hold.” Benzinga
• Neutral Sentiment: Revenue roughly in line — Q4 revenue came in at $266.87M vs. consensus ~$265.7M (up ~1.1% YoY), a modest beat but not a material acceleration. Onto Innovation: Q4 Earnings Snapshot / Press Release
• Neutral Sentiment: Earnings call transcript available — Management commentary (guidance drivers, integration of Semilab, product cadence) is in the Q4 call transcript for investors who want detail on demand trends and margin assumptions. Onto Innovation Inc. (ONTO) Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Momentum narrative surfaced — A Zacks piece highlights ONTO as a momentum pick; such coverage can attract traders but is less material than results/guidance. Are You Looking for a Top Momentum Pick? Why Onto Innovation (ONTO) is a Great Choice
• Negative Sentiment: Slight EPS miss and YoY decline — Q4 EPS was $1.26, missing the $1.28 consensus and down from $1.51 a year ago, which underscores near-term margin pressure and could temper longer-term multiple expansion. Onto Innovation (ONTO) Misses Q4 Earnings Estimates

About Onto Innovation

Onto Innovation (NYSE:ONTO) is a global supplier of advanced process control and inspection systems for semiconductor and electronics manufacturers. The company’s solutions span metrology, inspection, defect review and lithography mask repair, helping customers optimize yield, reduce costs and improve device performance. By integrating high-resolution optical and e-beam tools with sophisticated software analytics, Onto Innovation enables wafer, mask and advanced packaging producers to maintain tight process control across leading-edge nodes and specialty applications.

Key products include high-throughput wafer metrology systems, optical and e-beam defect inspection platforms, mask inspection and repair tools, and data-driven software for yield management and process optimization.